Vince approved a new series of preferred shares on 11/20/2013 when he filed that document with the state of Nevada for AXLX.
He has 2 other public companies in Nevada besides AXLX.
That's one reason that some CEOs(CONman Executive Officer)like corporations in Nevada. Nevada hides the details.
Florida is wide open and public records are free. Florida is the cheapest state I know of to incorporate in but their records are totally free and that can inform investors better as to intent by their actions within the state filings, so many of those "CEOs" prefer states where much Secretary of State information is hidden, like Nevada or Delaware where an investor can do a search for a company and if it's in Delaware it will come up, but if you want details you have to pay for them.
Vince might give us details of the new series such as conversion rights, voting rights, dividend/BK rights, how many issued and to who, etc. in the next OTC Disclosure which will represent the 2nd quarter according to info. on the OTCmarkets site. Unless he goes dark again.
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